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I listened to “Motorway to Roswell” by the Pixies a million times, but it’s not exactly where this movie came from. paperbacks I inhaled as a nerdy kid in Lubbock, Texas, and partly it was Lubbock itself. Then I took Robb Moss’s nonfiction filmmaking class at Harvard. For Marker, movies don’t replace our memories, exactly, but they create a little memorial in the place where a memory used to be. So that’s what my movie is for me now, 30 years later: a memento.
Persons: Roswell ”, Robb Moss’s, Moss, Chris Marker’s “ Organizations: Harvard Locations: Roswell, Lubbock , Texas, Lubbock, West Texas
Robb M. Stewart — Reporter at The Wall Street Journal
  + stars: | 2023-11-29 | by ( Robb M. Stewart | ) www.wsj.com   time to read: +1 min
Robb M. StewartRobb M. Stewart is a reporter for Dow Jones Newswires and The Wall Street Journal in Ottawa, where he covers Canada's economy. He writes about changes in employment, trade, inflation and other trends, and how they reflect the broader economy and factor into central bank decisions. He also writes about a range of companies and industries across corporate Canada. Robb joined the Canada bureau in 2022 after a two-year stint in the New York office, where he was a publishing editor. Over roughly two-and-a-half decades with Dow Jones, he has been a senior correspondent in Australia, where he mostly wrote about the big resources companies and banks in the region; a bureau chief in Johannesburg writing about southern Africa; a bureau chief in Stockholm leading a team of reporters covering the Nordic region; and a senior reporter in London, where he launched a column that held a critical lens up to businesses in Europe.
Persons: Robb M, Stewart Robb M, Stewart, Dow Jones Newswires, Robb, Dow Jones Organizations: Street Locations: Ottawa, Canada, New York, Australia, Johannesburg, Africa, Stockholm, London, Europe
Photo: Chet Strange/Bloomberg NewsElliott Investment Management has made a roughly $1 billion investment in Phillips 66 and is pushing for the appointment of two directors as it seeks to bolster the energy company’s fortunes. In a letter to the Houston-based company’s board, the activist investor outlined what it said is a path to remedying the Houston-based company’s underperformance, improve execution and restore trust with investors. It said it sees about 75% upside to the current share price by unlocking value for shareholders.
Persons: Chet Strange Organizations: Bloomberg, Elliott Investment Management, Phillips Locations: Houston
A strike shut down shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the U.S. via the Great Lakes. Photo: Tara Walton/The Canadian Press/Associated PressOTTAWA—A trade route connecting the Great Lakes with the Atlantic Ocean is expected to reopen on Monday after a tentative deal was struck to end a week-long strike by Canadian workers on the St. Lawrence Seaway. The nonprofit company that operates the Canadian side of the seaway reached a wage deal Sunday with Unifor, the trade union representing 360 workers who operate lock systems, bridges and other infrastructure along the Canadian side of the seaway.
Persons: Tara Walton, Unifor Organizations: Lawrence Seaway, Canadian Press, Associated Press OTTAWA, seaway Locations: St, Lawrence, Canada
Forward Air Says It May Drop Proposed Omni Takeover
  + stars: | 2023-10-26 | by ( Robb M. Stewart | ) www.wsj.com   time to read: 1 min
Forward Air’s planned purchase of Omni Logistics has drawn sharp pushback, including a lawsuit by some shareholders. Photo: Dakota Smith/AlamyForward Air ’s shares rallied Thursday after the trucking company said it might drop a proposed acquisition of freight forwarder Omni Logistics. The stock jumped 13% in premarket trading after ending the previous session at $72.99, down 30% so far this year. Shares were trading up 2.1% later Thursday, at $74.54. Forward Air’s planned $3.2 billion purchase of Omni Logistics has drawn sharp pushback, including a lawsuit by some shareholders and an effort by activist investor Ancora Alternatives to replace the expedited trucker’s leadership and halt the merger of the businesses.
Persons: Air’s, Dakota Smith Organizations: Omni Logistics
Talks Set to Resume in St. Lawrence Seaway Strike
  + stars: | 2023-10-26 | by ( Robb M. Stewart | ) www.wsj.com   time to read: 1 min
A tugboat pushes a barge through the Welland Canal near Port Colborne, Ontario. The Welland Canal is part of the St. Lawrence Seaway. Photo: James MacDonald/Bloomberg NewsThe Canadian company responsible for managing the key St. Lawrence Seaway will resume negotiations later this week in an effort to end a strike that has shut the trade route that connects the Great Lakes with the Atlantic Ocean. St. Lawrence Seaway Management said talks with trade union Unifor are set for Friday morning. Negotiations over a wage deal broke down over the weekend and about 360 workers who operate lock systems, bridges and other infrastructure along the Canadian side of the seaway walked off the job just after midnight Sunday.
Persons: James MacDonald Organizations: Lawrence Seaway, Bloomberg, The Canadian, Lawrence Seaway Management, seaway Locations: Welland, Port Colborne , Ontario, St, Lawrence
Stitch Fix Taps Former Macy’s, Walmart Exec as CEO
  + stars: | 2023-06-14 | by ( Robb M. Stewart | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/stitch-fix-taps-former-macys-walmart-exec-as-ceo-11ed0c29
Persons: Dow Jones, 11ed0c29 Organizations: walmart
Marlboro Maker Ditches Juul and Buys NJOY
  + stars: | 2023-03-06 | by ( Jennifer Maloney | Robb M. Stewart | ) www.wsj.com   time to read: 1 min
Marlboro maker Altria Group Inc. agreed to buy vaping pioneer NJOY Holdings Inc. for at least $2.75 billion, after closing the chapter on its disastrous investment in e-cigarette maker Juul Labs Inc. The deal for NJOY, one of the few e-cigarette makers whose products have clearance from federal regulators, includes an additional $500 million if the Food and Drug Administration authorizes additional NJOY products. Those include the menthol-flavored refill pods it currently sells and a new version of its device that uses a Bluetooth connection to authenticate the user before unlocking.
NJOY has received clearance from the FDA to sell its tobacco-flavored e-cigarettes. Altria Group Inc. said it struck a deal to buy startup NJOY Holdings Inc. for at least $2.75 billion, the latest attempt by the Marlboro maker to shift into e-cigarettes as traditional smoking has declined. The deal comes after Altria last week said it would exchange its entire minority investment in embattled e-cigarette maker Juul Labs Inc. for a nonexclusive global license to certain of Juul’s heated tobacco intellectual property.
Cardinal George Pell , who cast an imposing shadow over the Roman Catholic Church from the gold-mining town he grew up in, across Australia and to Rome before a fall from grace in his 70s, has died. “It is with deep sadness that I can confirm His Eminence, George Cardinal Pell, passed away in Rome in the early hours of this morning,” Anthony Fisher , archbishop of Sydney, wrote in a post on Facebook. “This news comes as a great shock to all of us.”
Lululemon Warns of Falling Fourth-Quarter Margins
  + stars: | 2023-01-09 | by ( Robb M. Stewart | ) www.wsj.com   time to read: 1 min
Lululemon Athletica Inc. warned that it expects profit margins to fall for its fourth quarter, even as the athletic-apparel maker reports continued strong shopper traffic. Shares fell more than 12% in premarket trading Monday to $288.50. Through Friday’s close, shares were off 7.3% over the previous 12 months.
WASHINGTON — “Here Comes the Bride” will be heard at the White House very soon. Stewart McLaurin, president of the historical association, said special occasions at the White House aren’t soon forgotten. “It’s like being part of the American fabric.”A White House wedding is no guarantee of a lasting marriage. Lynda Johnson Robb said she never thought about a White House wedding, but circumstances practically dictated that she and Marine Capt. Red is her signature color and December nuptials meant the White House was already decorated for Christmas.
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